Colony Real Estate Trends: Updated Report from 2020 to Aug 2025
The Colony at White Pine Canyon homes for sale offer some of the most exclusive ski-in/ski-out neighborhoods in the world, and 2025 has proven once again why this private gated community commands so much attention. With sales activity rebounding to record levels, median prices climbing into the high $17M range, and demand for luxury ski homes at an all-time high, The Colony continues to be a benchmark for Park City’s most elite real estate.
This long-form update is designed to give you a detailed look at recent Colony sales trends, why this community remains a top choice for high-net-worth buyers, and what these patterns mean if you’re considering buying or selling in Park City.
Why The Colony Stands Out Among Ski-In/Ski-Out Communities
When it comes to ski-in/ski-out real estate in Park City, The Colony sets the standard. Situated within Canyons Village at Park City Mountain Resort, The Colony offers expansive homesites—most ranging from 5 to 7 acres—with unmatched privacy, direct access to multiple chairlifts, and panoramic mountain views.
Unlike many luxury resort communities where density is higher, The Colony has preserved nearly 90% of its land as open space. This careful planning ensures that every property feels secluded, while still being just minutes from Main Street Park City, fine dining, shopping, and year-round recreation.
Colony Sales Trends: 2020–2025
Analyzing the past five years of Colony sales reveals the remarkable strength and resilience of this luxury market, even during periods of shifting national economic conditions and real estate adjustments. The Colony has consistently demonstrated its status as a premier destination for high-net-worth buyers, with prices rising steadily and inventory remaining scarce.
Current MLS listings for The Colony can be found at the bottom of this page.
| Year | Number of Sales | Median Price |
|---|---|---|
| 2020 | 8 | Under $9M |
| 2021 | 14 | Nearly $11.8M |
| 2022 | 7 | Approximately $13M |
| 2023 | 7 | $10.8M |
| 2024 | Fewer transactions (handful) | Notable larger parcels |
| 2025 | 8 | Nearly $17.5M |
2020: Steady Foundations
In 2020, The Colony recorded 8 sales, with the median price just under $9 million. While the global market faced uncertainty, Park City’s luxury segment proved resilient. Buyers prioritized lifestyle-driven investments, and The Colony’s combination of acreage, privacy, and ski-in/ski-out access held strong appeal. Many buyers saw the neighborhood as a safe haven—an asset that blended real estate security with year-round recreational value.
2021: A Year of Demand Surge
The following year brought a dramatic increase in activity. 14 sales closed in 2021, more than any other year in this five-year window. The median price climbed to nearly $11.8 million, driven by a surge of out-of-state buyers seeking legacy properties in Park City. Remote work flexibility, low interest rates, and lifestyle migration trends contributed to unprecedented demand. This was a defining year that pushed The Colony into a new pricing tier.
2022: Luxury at the Forefront
By 2022, transaction volume normalized to 7 sales, yet the median price rose to approximately $13 million. The reduction in sales activity wasn't due to declining demand, but limited inventory and more selective buyer behavior. Many of the properties sold during this period were high-end, custom estates with premium locations near major lifts. The year underscored how The Colony’s prestige allows it to command higher prices even when overall activity slows.
2023: Market Balance Returns
In 2023, The Colony once again recorded 7 sales, with the median price holding steady at $10.8 million. This period reflected a balancing of buyer and seller expectations as the national market adjusted to rising interest rates. While sales volume remained consistent, pricing stability demonstrated that The Colony was not vulnerable to the same volatility seen in other U.S. luxury markets. Buyers who acted in this window often secured properties with long-term appreciation potential.
2024: Scarcity and Select Opportunity
Sales slowed in 2024, with only a handful of properties changing hands. What defined the year, however, was the type of inventory available. Larger parcels, including those with more acreage than the typical 5–7 acres, came to market. These transactions highlighted the rarity of such opportunities within The Colony, where land is limited and most homesites are already developed. While overall sales volume was lower, the deals that did occur reinforced the premium placed on scarce, oversized lots.
2025: Record Median Pricing
By 2025, momentum returned in force. 8 transactions closed, and the median price reached nearly $17.5 million—a new record for The Colony. This sharp rise underscores the ongoing demand for ski-in/ski-out estates in Park City. It reflects the broader trend of ultra-luxury buyers prioritizing properties that combine lifestyle, investment security, and global prestige. The 2025 results solidify The Colony’s reputation as not only the crown jewel of Canyons Village but also as one of the strongest luxury ski real estate markets in North America.
Important Note: There have been off-market transactions and non-reported sales that may have been as high as $50,000,000. Contact us for off-market properties in The Colony.
Buyer Demand and Market Confidence
One of the most telling signals in The Colony is that most transactions are cash purchases. High-net-worth buyers are motivated not just by lifestyle but also by the enduring value of owning in one of the most exclusive ski communities in the world.
For buyers, this means acting quickly when opportunities arise. For sellers, it means listing with confidence—knowing that qualified buyers are actively searching for ski-in/ski-out properties of this caliber.
Comparing The Colony to the Broader Park City Market
While Park City overall has seen steady appreciation in luxury properties, The Colony remains in a category of its own. The average home in Park City may sell for several million dollars, but The Colony consistently commands eight-figure sales.
For a deeper look at how The Colony compares to other neighborhoods, see my Park City Real Estate Market Report.
Ski-In/Ski-Out Living in Park City
The Colony is the pinnacle of Park City ski-in/ski-out living, but it’s not the only option. Buyers can explore properties with direct slope access in ski-in/ski-out communities ranging from Deer Valley to Old Town.
Suppose you're interested in Deer Valley specifically. In that case, we also provide a detailed update on Deer Valley ski-in/ski-out real estate, where new construction and the Snow Park transformation are adding even more opportunities for luxury buyers.
Lifestyle and Investment Value
The Colony offers more than just homes—it delivers a lifestyle. Owners can ski directly from their properties to more than 400 miles of trails spanning Park City Mountain Resort. In summer, those same trails open to hiking, biking, and outdoor recreation.
The combination of year-round use, large acreage lots, and architectural quality has positioned The Colony as a substantial investment. Properties here not only deliver exceptional living experiences but also serve as long-term assets in a market with limited supply and growing global demand.
What Buyers Should Know
- Limited Inventory: Homes rarely come on the market, and when they do, demand is immediate.
- Premium Pricing: Expect to pay between $11M and $18M for most properties, with top-tier estates exceeding that range.
- Legacy Ownership: Many buyers see these homes as multi-generational retreats and hold them long-term.
What Sellers Should Know
For sellers, timing and presentation are critical. Colony buyers expect turnkey quality, modern finishes, and a seamless lifestyle experience.
Homes with updated amenities and direct lift access command top dollar, and professional marketing, luxury sales, and negotiation make the difference in capturing the right audience.
Your Park City Realtor
As a Park City Realtor specializing in luxury and ski-in/ski-out real estate, I provide more than market data—I deliver strategies that get results. Whether you’re exploring The Colony for the first time or considering selling a legacy property, I offer:
- Detailed market analysis so you know exactly where your home stands.
- Global marketing reach through advanced digital strategies.
- Proven negotiation expertise to protect your interests and maximize your outcome.
- Local insight developed over two decades of living and working in Park City.
If you’re ready to explore opportunities in The Colony or want a private conversation about selling, contact me today.
Final Thoughts
The Colony at White Pine Canyon remains one of the ultra-luxury communities of Park City real estate. With record sales in 2025 and continued buyer demand for large ski-in/ski-out estates, the community is positioned for long-term strength.
Whether you’re a buyer seeking unmatched privacy and access to world-class skiing or a seller considering listing in today’s booming market, now is the time to act. The combination of limited supply, international demand, and generational appeal makes The Colony one of the strongest luxury real estate investments in the United States.
For more updates and detailed insights, explore the Colony Real Estate page, Canyons Village real estate, or my Park City Real Estate Market Report.
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